Weller WLC100 solder station and different sized tips to properly match the type of components you want to solder. The nice thing is the 40W iron has enough punch for soldering large lugs and with the heat control dialed down to 2 3/4, you can easily solder small components with a small tip and not fry anything (15W equivalent).
It's not a WES51 or such, but for our purposes covers quite a wide range of uses.